Setting Up a Sole Proprietorship (ET) in Bulgaria

A hardworking individual running their own business, representing the spirit of sole proprietorship in Bulgaria

A Sole Proprietorship (ET) is a straightforward and adaptable business structure in Bulgaria, well-suited for freelancers and small businesses. It offers simplicity and minimal administrative burden, making it an attractive option for entrepreneurs starting their ventures. However, it’s essential to understand the requirements and implications of this structure before proceeding with registration. Requirements for ET […]

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How to Set Up an LLC in Bulgaria (OOD/EOOD)

An entrepreneur finalising the registration process for their new LLC (OOD/EOOD) in Bulgaria.

The limited liability company (LLC) is the most common business structure for foreign entrepreneurs in Bulgaria. Under Bulgarian law, it is known as OOD when there are multiple owners, or EOOD when there is a single owner. This structure offers limited liability protection and a relatively straightforward company formation process. This guide explains how to […]

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Working in Bulgaria: Freelancer vs. Company Registration

Company formation Bulgaria

Welcome to Bulgaria! If you’re considering setting up a business here, you’ll need to decide whether to register as a freelancer (self-employed) or establish a company. This article will compare both options, helping you choose the best fit for your situation Quick answer: Freelancing in Bulgaria is generally suitable for solo professionals with limited expenses […]

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